Al Danah Account 2018

Gulf Bank is proud to maintain its trend of making millionaires in 2018.

Gulf Bank offers Al Danah account holders the largest single bank prize of KD1,000,000*. The One Million Kuwaiti Dinar prize is paid to the lucky winner in one full payment.

Al Danah also offers account holders quarterly prizes of up to KD500,000, in addition to daily prizes** of KD1,000 for every working day.

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Opening Deposit

Minimum account balance of KD 200 is required to enter the draw and to accrue chances (for all draw types)

Charges

KD 2 charge per month will be applied if account balance drops below KD 200 in any given day of the month

Al Danah account is unique:

10 years of making millionaires

Largest bank prize in the world as recognized by Guinness World Records*

Kuwait’s two largest single cash prizes of KD1 Million and KD500,000

The most chances to win

Only account in Kuwait that transfers your chances from the previous year onto the following year

Al Danah 2018 Prizes

Draws (amount)

Last Date to Deposit & Qualify

Draw Date

KD 1,000
(2 Daily Winners)**

2 days before the draw

Every working day**

KD200,000 ***

31 January 2018

28 March 2018

KD250,000

30 April 2018

27 June 2018

KD500,000

30 June 2018

26 September 2018

KD1,000,000

31 October 2018

10 January 2019

Al Danah account winning chances:

Save more and save longer to earn more chances to win with Al Danah

Access to your money at all times at no charge

Chances accrued from 1 January 2018

All chances earned by existing customers in 2017 (from 1 January 2017 to 31 December 2017) will be added to their 2018 chances for all draws, to award them for their loyalty. However, customers will need to ensure they qualify for the draw and at no point in time will their balances drop below KD200

Customer receives one chance for every KD 100 every day

All customers that have an Al Danah account will now be able to check the number of chances they have earned for the next draw Online or through CCC

How to Deposit in Al Danah Account:

Deposit money into your account through all channels: ATM, Online, CCC (Customer Contact Center), Branches, and through the new ePay (Self-Pay) Service

Terms and Conditions:

The alternate winner will be selected if the winner’s Al Danah account is closed and/or if any of the winner’s accounts with the bank has a hold for legal reasons

If a “STOP” is set on the account for legal reasons the account will not to be included in the draw

If any of the working days are a holiday, then number of daily winners will reduce based on the number of holidays for the week

No daily winner of the KD1,000 will win two prizes of KD1,000 each in the same day

Employees of Gulf Bank, employees of service providers and persons involved with promoting, marketing and/or carrying out any activity related to the draw and/or the prize, their spouses, their relatives up to the second-degree and any other person or entity excluded in accordance with the regulations of the Ministry of Commerce and Industry are not allowed to participate in the draw. Any winner in violation of this prohibition is under the obligation to immediately return the prize to Gulf Bank, which shall be cancelled. Gulf Bank shall have the right to deduct the amount directly from the account(s) of such winner without obtaining an approval

In addition to the Terms & Conditions stated in the Account Opening Form

Notes:

* In January 2017, Guinness World Records recognized Al Danah’s One Million Kuwaiti Dinar Prize as the “The Largest Prize Linked to a Bank Account payout”.

** Daily draws will be replaced with weekly draws in April 2018 onwards by having 5 weekly winners to win KD 1,000 each.

*** The first quarterly draw prize of KD200,000 will be replaced with a KD150,000 draw prize in 2019